26-28 HALTON STREET$539,900

#1372436

N/A bed

N/A bath

About the Property

Attention investors! Welcome to 26-28 Halton Street, an exceptional turn key triplex investment nestled in the heart of Perth, ON – a historic town known for its scenic beauty, vibrant community, and burgeoning real estate market. This professionally maintained triplex presents an enticing opportunity for savvy investors seeking a turnkey property that promises both immediate returns and long-term wealth accumulation. This property features 3 units with 2 bedrooms each. The main house, unit 28, has a forced air natural gas furnace + central AC with a third room that can be used as a bedroom or office/den. Gas space heaters in unit 26 & 26A. Tenants pay for heat and hydro, separately metered. Current cap rate of 5% with huge upside potential to have 6.7% cap rate at market rent. Roof 2022, 2 furnaces 2021 & 2022, 28 halton significantly renovated in 2019. 26A completely renovated in 2020 (all walls, kitchen, flooring, bathroom). Other expenses on-demand hot water rental $52/month. (id:46641)

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Listing Agent

Hussein Zeineddine

Broker

(613) 408-4082

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Property Details

City: Perth

Neighbourhood: Perth

Property

Property Type

Multi-family

Building

Basement Features

Low

Basement Development

Unfinished

Basement Type

Crawl space (Unfinished)

Storeys

2

Building Style

Triplex

Exterior Finish

Siding

Heating Type

Forced air

Cooling Type

Unknown

Foundation Type

Block, Stone

Parking Space Total

6

Measurements

Additional Info

Lease Type

Other, See Remarks

Listing Contract Date

2024-01-08

Zoning Description

R3

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